Which is High Demanded Product Range for PCD Pharma Franchise Business – The pharmaceuticals are the most profitable industries where you can invest in getting better income generation. When it comes to pharma franchise, the industry offers multiple segments of product range where you could actually own your own business. Different drug market grows differently and has substantially better CAGR. If you are getting confused over which is high demanded products range for PCD pharma franchise business in India then this post will be helpful.
Pharmaceuticals industry brings you better business opportunities in India. These are a different segment where one can approach for PCD franchise. You need to choose it wisely if you want to have a flourishing venture. In this post by Maksun Biotech, we will discuss which is high demanded products range for PCD pharma franchise business where you can take an opportunity and earn well.
When one looks at the potential company, they look at their products list. A common list consists of tablets, capsules, injectables, syrups, oral solutions, topical solutions etc. We bring you different segments where one can invest for startup and expansion. Due to the diversification of industry, various drug markets have varied CAGR growth rates, profit capabilities, future expectations. We have listed the good demanded products range which is good sectors for PCD pharma franchise business in India.
These products are the best for anyone who wants to join in for a pharma franchise venture. The drug market is growing exponentially. Global dermatology drug market is growing at CAGR of 8 percent. In coming years it said that the market will see a 50% growth i.e. $20 billion in 2015 to $33.7 billion by 2022. The Indian derma market is growing twice the European market. In 2016, the market was valued at the US $ 1100 million which is now rapidly growing faster at a rate of 12.59 percent.
Growing at a rate of 16 percent CAGR, Ayurvedic drug market is an increasing segment of the pharmaceuticals industry. It is valued at Rs 18, 400 crores ($3 billion) citing to attain $8 billion by the end of 2020. More and more people are changing to the natural medication for better results. If you look at the initial success of ventures like Patanjali, Dabur, Emami, Himalaya, Lotus etc, you will come to a conclusion that this segment has good demand. Anyone looking for great business should invest here.
India has the largest number of the youth-oriented populace. With major popular falling under infants and children, pediatric drug market is a good segment to explore. Many big companies have ventured here and tasted success like Johnson&Johnson, Dabur, Himalaya etc. People are spending well on meeting different requirements of their children healthcare needs. The Global Pediatric Medicines are expected to touch $100.7 Billion by end of 2019 where India has a major role.
A growing segment of pharmaceuticals industry is ophthalmic or eye medicines. The Global Ophthalmic drug market is expected to reach the US $34.3 billion by end of 2025 with a CAGR of 7.86 percent. India is said to have the largest population of blinds and eye problems i.e. 550 million people. This is increasing in number which is creating demand. Going for pharma franchise in ophthalmic medicines is a good decision.
Ear, Nose & Throat (ENT) drug products have an increasing market here when looking for pharma franchise. You can invest in this segment for better income generation. These drugs are quite often used by masses like cough syrup, ear wax drops etc. They have good demand and you are likely to have a growing opportunity here.
You can start your own business in any of the segment. There are many other segments like Cardiovascular medicines, Dental medicines, diabetic medicines etc that have great demand. You can read about these segments in deep and surely make the right choice. Maksun Biotech is the best Pharma Company to offer you pharma franchise opportunities to offer over 300+ medicines at best prices.